Overall picture (4H BTCUSDT)Bitcoin / TetherKUCOIN:BTCUSDTcryptodailyuk📊 Overall picture (4H BTCUSDT) The market was in an uptrend (ascending channel) — marked with black lines. We are currently experiencing a downward breakout from this structure. The price has lost trend and returned below the average (red line) → bearish signal. 👉 This is no longer a pure uptrend — we are in a correction phase / possible short-term reversal. 🔴 Key levels Support: 68,000 – 68,200 → currently tested / broken 67,200 – 67,300 → local support 66,000 → strong support (if it falls here → larger correction) Resistance: 69,900 – 70,000 71,000 72,150 (top range) ⚠️ What just happened? Rejection from ~72k Lower high → LH (lower high) Strong downward impulse Trendline + SMA breakout 👉 This is a classic bearish structure shift (short-term) 📉 Indicators Stoch RSI: Down → Downward momentum continues No clear rebound yet RSI: Drops below 50 → Sellers prevail No divergence → Declines may deepen 🔎 Scenarios 🟥 Bearish (more likely now) If we stay below 68k: Target: 67.2k Then: 66k 👉 If 66k breaks → a larger correction may follow (even 63–64k) 🟩 Bullish (conditional) If BTC: will return above 69.5–70k will regain the trendline 👉 then: return to 71k possible retest of 72k